Creative Realities Inc. (CREX)

[mcmike]

Wireless Ronin Reports 2008 Second Quarter Results
Thursday August 7, 4:10 pm ET




Key recent highlights include:

-- Achieves six month year-to-date revenue of $3.5 million, up
nearly 9 percent from 2007
-- Business development efforts result in fifteen new clients
spanning multiple vertical markets
-- New product development yields additional capabilities and
expanded services, scheduled to be introduced in the third quarter
-- Selected by Chrysler LLC for iShowroom interactive program
-- Canadian KFC testing Wireless Ronin's digital signage solutions
-- Continued expansion of relationship with Thomson Reuters
-- Announces key board and management additions

http://biz.yahoo.com/pz/080807/148221.html

rollout of existing customers' displays continues to be anemic imo.
how many screens now with Reuters? how many at end of fiscal year? how many at end of Q1?
1.6mil of rev in Q2 compared to 3.1 in Q207 seems like a step backwards. of course, have they been paid for their Q207 billing?
if these folks run out of cash and have to go to capital markets before achieving positive cash flow it will not be pretty.

have to digest the numbers, check the cash on hand....

evidently Think Panmure is still holding to 7.50 target; see next post